Most listings are in the $40's per square foot per year. The Reyes Adobe region is experiencing a a rise in rates. In the last 3 months, the median rate increased $13 per sqft per year. That's a 46% increase in rent.
Compared to the rest of the Metropolitan Los Angeles market, the Reyes Adobe region has higher rates, and you'll need to make a great offer to be in this hot submarket.
In the last 90 days, 2 listings have been listed, which means new listings are probably going fast. You'll want to be prepared to make an offer immediately. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 2,220 sqft. Most buildings in this area are around 2 floors. Most buildings in this market were built in 1985 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Manufacturing is the dominant industry in this region. Most of the occupants of Reyes Adobe work from home. Commuting close to 20 minutes a day is the norm for those who opt to reside in this part of town.